[ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)

[muchoman]

suprnova 0.0005 ZEC TX fee
too high I think

[ShooterXD]

How many time to mature coins mined?

[ImHash]

Now lets say I spent $1000 on genesis mining to buy hash power, now how much could I mine since the launch?

[jc12345]

Zcash is trending now .

You have nailed it. It is trending now.

It is working for now because of a few unorthodox things with the launch approach (mystique of a separate forum, no BCT launch, dev silence on BCT, arranging with Polo for day one listing, quickly chasing price up to > 1 BTC per coin etc.) and a couple of technical features that are done differently that looks interesting. Under the hood however it is still directly competing with BTC on the BTC battleground and that is the reason why it will most probably fail just as the other 2000 attempts before it. Price and profit still seems the biggest discussion here and if price and profit are the driving factors for the community, then the coin is susceptible to the vulnerabilities of price and profit. As soon as the factors that influence price and profit starts to take effect e.g. number of coins in circulation or other coins that launch with a higher prospect of profit, the normal characteristics of a BTC competitor will take effect. The cancer will enter the coin and people will move on. It is also sad to see that people nevertheless buy in at such high prices.

I still don't see what the factor is why it would be a successful competitor to BTC. It does however play an important part in the evolution of virtual currencies as the new technology developed will be studied and incorporated in a next BTC competitor coin and so the cycle will continue.

[Amph]

For those of us running the NiceHash miner, is there some webpage where we can see stats like how much btc we have accumulated, hash rate, accumulation rate, etc?

https://www.nicehash.com/index.jsp?p=miners&addr=puthereyourBTCaddress

[glen123]

Zcash is trending now .

You have nailed it. It is trending now.

It is working for now because of a few unorthodox things with the launch approach (mystique of a separate forum, no BCT launch, dev silence on BCT, arranging with Polo for day one listing, quickly chasing price up to > 1 BTC per coin etc.) and a couple of technical features that are done differently that looks interesting. Under the hood however it is still directly competing with BTC on the BTC battleground and that is the reason why it will most probably fail just as the other 2000 attempts before it. Price and profit still seems the biggest discussion here and if price and profit are the driving factors for the community, then the coin is susceptible to the vulnerabilities of price and profit. As soon as the factors that influence price and profit starts to take effect e.g. number of coins in circulation or other coins that launch with a higher prospect of profit, the normal characteristics of a BTC competitor will take effect. The cancer will enter the coin and people will move on. It is also sad to see that people nevertheless buy in at such high prices.

I still don't see what the factor is why it would be a successful competitor to BTC. It does however play an important part in the evolution of virtual currencies as the new technology developed will be studied and incorporated in a next BTC competitor coin and so the cycle will continue.

++++1

wise Words , nothing to add to your Words

[Embroyaman]

9 btc per ZEC?
why prices so high? this is altcoin or whats?

[menace.bit]

Zcash is trending now .

You have nailed it. It is trending now.

It is working for now because of a few unorthodox things with the launch approach (mystique of a separate forum, no BCT launch, dev silence on BCT, arranging with Polo for day one listing, quickly chasing price up to > 1 BTC per coin etc.) and a couple of technical features that are done differently that looks interesting. Under the hood however it is still directly competing with BTC on the BTC battleground and that is the reason why it will most probably fail just as the other 2000 attempts before it. Price and profit still seems the biggest discussion here and if price and profit are the driving factors for the community, then the coin is susceptible to the vulnerabilities of price and profit. As soon as the factors that influence price and profit starts to take effect e.g. number of coins in circulation or other coins that launch with a higher prospect of profit, the normal characteristics of a BTC competitor will take effect. The cancer will enter the coin and people will move on. It is also sad to see that people nevertheless buy in at such high prices.

I still don't see what the factor is why it would be a successful competitor to BTC. It does however play an important part in the evolution of virtual currencies as the new technology developed will be studied and incorporated in a next BTC competitor coin and so the cycle will continue.

Nice analogy in there. It's trending now - it's all about the hype.

[Raxitto]

Sorry guys... may be dombo question.... but is possible to mine Zec with cpu? If yes how?? Thx

[jujugoboom]

9 btc per ZEC?
why prices so high? this is altcoin or whats?

Yes, altcoin with overhyped shit, all time high was 3300 btc per zec, lol.

https://www.poloniex.com/exchange#btc_zec

[The One]

The price was at $5000. Who are these plonkers? Devs get 20% - oh another get rich quick scam.

[caex]

The price was at $5000. Who are these plonkers? Devs get 20% - oh another get rich quick scam.

I am waiting at 1.1 for the panic sell > CRASH 

[tbearhere]

For those of us running the NiceHash miner, is there some webpage where we can see stats like how much btc we have accumulated, hash rate, accumulation rate, etc?

Put your wallet address at the end of the link top of page.

https://www.nicehash.com/index.jsp?p=miners&addr=yourwalletaddress

maybe work or look on nh

[tbearhere]

Sorry guys... may be dombo question.... but is possible to mine Zec with cpu? If yes how?? Thx

Yes

https://bitcointalk.org/index.php?topic=1660023.0

[tbearhere]

The price was at $5000. Who are these plonkers? Devs get 20% - oh another get rich quick scam.

I am waiting at 1.1 for the panic sell > CRASH 

Wait for the pump.

[digaran]

A private company with a developer team launching zcash and they receive 10%?

lol guys not even satoshi took that much.

Did bitcoin start at high prices and then slowly decreased to what it is now?

When zcash starts at unreal high prices and then falls, that is just obvious failure.

Essentially the company controls the coins and only criminals would use such a coin.

[Emerge]

A private company with a developer team launching zcash and they receive 10%?

lol guys not even satoshi took that much.

Did bitcoin start at high prices and then slowly decreased to what it is now?

When zcash starts at unreal high prices and then falls, that is just obvious failure.

Essentially the company controls the coins and only criminals would use such a coin.

I'm pretty sure that's the point for the dark net

[szachta]

why i have 0 sols?

[glen123]

A private company with a developer team launching zcash and they receive 10%?

lol guys not even satoshi took that much.

Did bitcoin start at high prices and then slowly decreased to what it is now?

When zcash starts at unreal high prices and then falls, that is just obvious failure.

Essentially the company controls the coins and only criminals would use such a coin.

nope , its only these People outhere with IQ below an WhiteBread .
They stop thinking cause the Greed is to much to control the Brain. Thats why this happend tonight .

The only who wins are the Devs,Exchanges and a small Amount of PPL .
nothing more , nothing less.

Its like an "Apple"-Marketing that work.

mostly the new PPL in Crypto thinks they can be Rich over Night . but this isnt .



Congrats from my Side for that clever Marketing and thats show me that Greedy PPL only Lemmings :-)





SCNR

Regards Glen
edit : i love to understand the technical Side , i love to calculate Hashes . Love to be a Part of this Future

i DONT love to be Money-Monkey . Thats oldscool . See RealLife Bank Crisis !!! cause Crypto isnt ONLY Money !
But YOU !!! make Crypto only a "Money-Thing"

thats why the Mankind cannot really move forward, cause only MONEY is the Engine for Our World .
 

[ilyasbeler]

how much this coin price now ?
1000 BTC ?